Economic Data

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Now available: Easy to access data on select economic indicators for NC counties

By on 2.8.16 in Economic Data

We love playing with data. Turning the raw numbers into meaningful insights is what we do. But the process of getting raw data into a format that is ready for analysis is often time-consuming and occasionally frustrating, even for those of us who regularly work with data. First, you have to identify the source and acquire it. Then you have to make sure you understand the general structure of the file and the variables it…

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North Carolina agriculture produces key parts of Thanksgiving meal

By on 11.23.15 in Economic Data

North Carolina’s agricultural industry contributes $78 billion to the state’s economy according to the Department of Agriculture & Consumer Services. Two of the state’s leading agricultural products—sweet potatoes and turkeys—will likely grace many tables this Thursday as individuals and their families celebrate Thanksgiving. Here are a few fun facts about NC turkeys and sweet potatoes: Turkeys North Carolina is the second largest producer of turkeys, after Minnesota. The state’s turkey production was valued at more…

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Economic Data Resources

By on 9.28.15 in Economic Data

At Carolina Demography, we don’t just answer questions about basic demographics. We also regularly field questions from individuals and organizations about economic data availability, usage, and interpretation. We discussed demographic data resources in this post; here’s our guide to key data resources for information about the economic well-being of North Carolina residents and labor force details. Small Area Income & Poverty Estimates (SAIPE) SAIPE are produced annually for school districts, counties, and states. The main…

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NC in Focus: Economic Impact of Tourism

By on 7.16.15 in Economic Data

Tourism has significant economic impacts in North Carolina. Domestic (both in-state and out-of-state tourists) and international travelers directly spent $21 billion in the state in 2013 according to estimates from the North Carolina Department of Commerce. These expenditures generated nearly 207,000 jobs and $4.8 billion in payroll income for North Carolina residents and $3.2 billion in tax revenue for federal, state, and local governments. While tourism is vital to the state, its impacts differ by…

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Tourism impacts on Dare County

For many North Carolina residents and out of state tourists, summer vacation isn’t complete without a trip to one of North Carolina’s beaches. In 2013, there were nearly 38 million overnight person-trips in North Carolina, the sixth highest number of visits among all states; 19% of these visitors went to the beach during their trip. And although North Carolina has many beautiful beaches—from the Brunswick Islands in the South to Emerald Isle and Atlantic Beach…

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NC in Focus: State Tax Revenue by Source, 2014

By on 4.23.15 in Economic Data

Analysis using total tax or per capita tax as a measure of tax burden on the citizens of a particular state can be misleading and misinterpreted. Different states use different approaches to taxation, and comparing only the total taxes collected by each state is not enough to understand the economic impact of those states’ taxes. The Census Bureau’s statistics on state tax revenues reflect the taxes a state collects from activity within the state, not…

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Textile Machine Operator: NC’s “most unique” job is not a common one

North Carolina had nearly 9 times as many textile machine operators than would be expected based on national averages, according to recent analysis of Bureau of Labor Statistics data by the Pew Charitable Trusts. Georgia had more than 10 times as many textile machine operators than would be expected. In these two Southern states, the relatively high concentration of these jobs—as compared to national averages—reflects historical economic patterns that persist today. Nationwide, just over 75,000…

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Educational Attainment and Unemployment

The Bureau of Labor Statistics regularly publishes national unemployment rates by educational attainment for the highest degree attained for workers 25 and older. This analysis typically uses the Current Population Survey (CPS) data. Unfortunately, the CPS data are too small to provide high quality estimates for unemployment rates by educational attainment for individual states. Thankfully, there are multiple federal sources of statistical information available. The large sample size of the U.S. Census Bureau’s annual American…

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Male- and Female-Dominated Occupations, 2013

By on 3.16.15 in Economic Data

Nearly 4.5 million North Carolinians age 16 and older reported working in the 2013 American Community Survey. Of these, nearly three quarters, or 3.3 million, were of prime working age (25-64) and working full-time (defined here as 30 hours of work per week or more). Women made up 46% of North Carolina’s full-time employed population of prime working age. Although many occupations are increasingly integrated with respect to sex composition, a large number of occupations…

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NC in Focus: Craft Breweries

By on 3.12.15 in Economic Data

Craft breweries are small, independent, and traditional, according to the definition given by the Brewers Association. This means that they produce fewer than 6 million barrels of beer annually, are not controlled by an alcoholic beverage industry member, and predominantly brew beers that are made with traditional ingredients and flavor profiles. Although overall U.S. beer sales were down 1.9% in 2013, craft beer sales increased by 17.2%, driven in part by a steady increase in…

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